InvestorQ : How does Rapido, the taxi start-up, plan to position itself?
indhumathi Sayani made post

How does Rapido, the taxi start-up, plan to position itself?

Answer
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Riya Dwivedi answered.
3 months ago


Bike taxi start-up Rapido has forayed into inter-city logistics service to deliver products at customer doorsteps. These services can be availed by offline and online businesses. It will help users to track their deliveries

Rapido Store will help users track all their deliveries across customers simultaneously on a dashboard. Rapido already has nearly 200 SME businesses availing the logistics platform. In April, food delivery start-up Swiggy launched a rebranded logistics service.

Rapida has more than 15 lakh registered captains across in 100 cities. Its entry into the inter-city logistics segment comes at a time when several delivery start-ups, have been quite keen to shore up their balance sheets to access easy funds when required.